Question

If the depreciation on machinery kept in the factory

Q: Answer- If the depreciation on machinery kept in the factory is charged, which among the following will go...

Depreciation in the question is related to factory overheads and will increase factory cost which in turn will increase the Cost of goods available for sale and the COGS.

is charged, which among the following will go up?

A Factory Cost

B Cost of Goods Available for Sale

C Cost of Goods Sold

D All of the above

E None of the above

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If the depreciation on machinery kept in the factory

Solution